Federal prosecutors in New York on Tuesday charged Turkey’s Halkbank with taking part in a multibillion-dollar scheme to evade US sanctions on Iran, Reuters reported.
The charges against the majority state-owned bank mirror those against one of its former executives, Mehmet Hakan Atilla, who was found guilty and sentenced to prison after a trial in a Manhattan federal court last year.
Prosecutors said that between 2012 and 2016 Halkbank helped run a scheme that allowed Iran to spend proceeds from sales of its oil and gas in international markets, in violation of US sanctions, using a complex web of front companies.
The scheme ran with the protection of high-ranking officials in Iran and Turkey, some of whom received tens of millions of dollars in bribes, the prosecutors said.
The post Turkish bank indicted in US for participation in Iran sanctions evasion scheme appeared first on Turkish Minute.
from Turkish Minute https://www.turkishminute.com/2019/10/16/turkish-bank-indicted-in-us-for-participation-in-iran-sanctions-evasion-scheme/
Hiç yorum yok:
Yorum Gönder